Hi Thread-
I think the stock is still somewhat undervalued, based on earnings estimates, and the trend of consolidation in the banking industry in general. Last quarter, the stock started to move up prior to earnings, and then fell back after announcing stellar earnings, finally coming to life just recently. Unless there is a change in their results, I think this company and its stock are looking very positive, not exactly a rapid riser, but a good long-term outlook. I owned GWF before it got taken over, and it moved the same way, others that I own, SVRN and SFIN, seem to follow suit, I think it's just a matter of gradual increase until someone big takes notice and buys them out, or they get on someone's list in Barron's or something like that. Anyway, just my opinion, for what it's worth.
Carl |
